Market Risk Officer, Vice President

Job Description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in Market Risk and Stress Testing to our Dublin based Global Market Risk Team.

Shape your career with Citi in Dublin. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Citi has had a presence in Ireland since 1965, it was one of the first foreign banks to open an office in the country and is the Citibank Europe Plc Headquarters

This role is specific to the Market Risk Stress Testing function within Global Market Risk as the stress testing analytics individual contributor with the following responsibilities.

The Market Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognised technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables.

Responsible for measuring, monitoring and analysing the organisation’s market risk exposure on a day-to-day and long-term basis for various financial products. Market risk pertains to potential loss due to market movements such as changes in interest rates, equity prices, credit spreads and foreign exchange rates. Individuals monitor trading limits and are responsible for approving transactions over certain established limits. Work with traders or trading management and recommend actions to mitigate risk. Responsible for monitoring and analysing the organization’s risk exposure by understanding the risks and rewards of the Citi products. Structures solutions to mitigate risks of those products.
What you'll do

• Sufficient understanding of Market Risk and related quantitative topics, in particular, stress testing to drive Projects to improve accuracy of Market Risk stress loss metric and analytics.
• Analyze large data sets to oversee and ensure the integrity of the risk monitoring process associated with stress testing.
• Summarize outcomes and findings for concrete deliveries and executions at the level of senior governance forums.
• Autonomously monitor business compliance with the firm’s market risk-related policies.
• Interact with In-Business Risk functions to understand sources of market risk variation.
• Interact with Markets Quantitative Analysis, Model Validation, Risk Analytics and Financial Control to ensure thorough concise alignment of methodologies and models.
• Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting.
• Participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and assess appropriate follow-up actions.
• Participate in the ongoing development, implementation and upgrade of risk systems including Citi Risk Market Risk technology applications for the relevant market risk metrics and workflows.
• Working with senior mentors on well-defined mid to long term projects that require technical skills and strategic planning, enabling development in analytical capacity and critical
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

What we need from you

• Demonstrated years of relevant experience
• Degree in a quantitative or financial discipline.
• Knowledge of financial instruments and risk metrics and Market Risk Management
• Advanced analytical, technical and quantitative skills
• Expert knowledge of market risk
• Excellent written and verbal communication skills
• Must be a self-starter, flexible, innovative and adaptive
• Highly motivated, attention to detail, team oriented, organised
• Developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
• Ability to work collaboratively and with people at all levels of the organization •
• Excellent project management and organizational skills and capability to handle multiple projects at one time
• Proficient in MS Office applications (Excel/VBA, Word, PowerPoint), SQL and Python
• Programming/modeling experience with Python
• Bachelor’s/University degree, Master’s degree preferred

What we can offer you

• A chance to develop in a highly innovative environment where you can use the newest technologies in a top-quality organizational culture.
• Professional development in a truly global environment
• Inclusive and friendly corporate culture where gender diversity and equality is widely recognised
• A supportive workplace for professionals returning to the office from childcare leave
• An enjoyable and challenging learning path, which leads to a deep understanding of Citi’s products and services.
• We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
• By joining Citi Dublin, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more here.

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-PM3

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Job Family Group:

Risk Management

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Job Family:

Market Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Credible Challenge, Data Analysis, Governance, Industry Knowledge, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.